Force measurement is very vital in various scientific applications and its precise measurement is very necessary for reliability of the measurement process. There are several types of simple shaped force transducers, which may range from ring shaped force transducers to cantilever type or beam type force transducers. Ring shaped force transducers are one of most commonly used type of force transducers are developed on the basis of theory of thin rings. Till today, some of the modifications of ring shaped force transducers have been reported, the present investigation discusses the development of elliptical shaped force transducer as a modification of ring shaped force transducers and its preliminary investigation on metrological characterization based on the calibration procedures according to standards ISO 376-2011. The force transducer has been developed for the nominal capacity of 20 kN and strain gauges have been applied over the optimum locations to minimize cross sensitivity. The force transducer is developed exclusively for static force measurement related applications to serve as a link in providing the traceability to the user industries and calibration laboratories or serve as force transfer standard. The force transducer has been evaluated for suitability as a precision force transducer with the help of the 50 kN Dead Weight force machine traceable to national standard of force. The elliptical shape force transducers are found to have comparable metrological characteristics as compared to other ring shape force transducers.